240 5th Ave
Flatiron
New York, NY, 10001

Built in 1915 this 11,352 sq.ft. building is 78% Office Space, 22% Retail and contains 0 residential units and 1 non-residential units.

This property is currently Off Market.

    Transit

    • 28th St Route NRoute R 2 Minute walk, 0.1 Miles
    • 28th St Route 6 4 Minute walk, 0.2 Miles
    • 34th St Route BRoute DRoute FRoute MRoute NRoute QRoute R 7 Minute walk, 0.3 Miles
    • 34th St Route 1Route 2Route 3 10 Minute walk, 0.5 Miles
    • Union Square Route LRoute NRoute QRoute RRoute 4Route 5Route 6 11 Minute walk, 0.6 Miles
    • 23rd St Route CRoute E 12 Minute walk, 0.6 Miles
    • 34th St Route ARoute CRoute E 14 Minute walk, 0.7 Miles
    • Times Square-42nd St Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 16 Minute walk, 0.8 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 17 Minute walk, 0.9 Miles

    Schools

    • Elementary School

      • Warning: This property is located near the boundary of it's school zone.
      • P.S. 033 Chelsea Prep
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Chingchien Wang
        • Phone: 212-244-6426
        • Address: 281 9 Avenue
        • Website: schools.nyc.gov
    • Middle School

      • Warning: This property is located near the boundary of it's school zone.
      • Zoned to District 2. No zoned school. Contact 718-935-2383 for more information.
    • High School

      • Citywide High School Choice

    Public Records

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    • Termination Of Assign Of L&R (Other Documents) was filed on 2015-05-06. Parties: 240 5Th Avenue, LLC, Vnb New York LLC Show Details
    • 240 5Th Avenue LLC Satisfied their Mortgage with Vnb New York LLC on 2015-04-27. Show Details
    • 240 5Th Avenue LLC sold this property to Inc. Bianca Usa Real Estate for $22,100,000.00 on 2015-03-05. Show Details
    • An Assignment of Leases and Rents was granted to 240 5Th Avenue, LLC by Vnb New York Corp or 2012-10-01 Show Details
    • 240 5Th Avenue, LLC took a mortgage for $5,775,000.00 from Vnb New York Corp on 2012-10-01. Show Details
    • Man Hing Associates LLC sold this property to 240 5Th Avenue, LLC for $7,700,000.00 on 2012-10-01. Show Details
    • Landmark Designation (Other Documents) was filed on 2010-11-30. Parties: Landmarks Preservation Comm. Of The City Of Ny & Landmarks Preservation Comm Of The City Of Ny Show Details
    • Man Hing Associates sold this property to Man Hing Associates LLC for $0.00 on 2009-01-01. Show Details
    • Man Hing Imports Cp sold this property to Man Hing Associates for $0.00 on 1988-12-15. Show Details
    • Man Hing Imports Corp Satisfied their Mortgage with Chinese American Bank on 1987-03-25. Show Details
    • Man Hing Imports Corp Satisfied their Mortgage with Chinese American Bank on 1987-03-25. Show Details
    • Douglas Guardian Warehse leased this property from Wony Ltd on 1978-10-18 Show Details
    • Man Hing Imports Corp took a mortgage for $0.00 from Chinese American Bank on 1978-10-18. Show Details
    • Victoria Shalom & Shalom & Co Dba & Shaia Shalom & Albert Shalom & Victor Shalom sold this property to Man Hing Imports Corp for $0.00 on 1978-10-18. Show Details
    • Shalom Baby-Wear Inc sold this property to Victoria Shalom & Albert Shalom & Shaia Shalom & Victor Shalom & Shalom & Company Dba for $0.00 on 1970-05-22. Show Details
    • Shalom/Wear Inc took a mortgage for $0.00 from Kings Highway Savings Bk on 1970-03-19. Show Details
    • Victoria Shalom & Albert Shalom & Shaia Shalom & Victor Shalom & Shalom & Company Dba sold this property to Shalom/Baby-Wear Inc for $0.00 on 1970-03-19. Show Details
    • Ltd Wong sold this property to Douglas-Guardian Wrhse for $0.00 on 1969-05-07. Show Details

    Lot

    Address
    240 5th Ave, 10001
    Square Footage
    2,817
    Lot Type
    Inside
    Dimensions
    28.17ft x 100.0ft
    BBL
    1008290038

    Neighborhood

    Neighborhood
    NeighborhoodContent object
    Historic District
    Madison Square North
    Community District
    05
    City Council
    2
    Police Precinct
    13
    Fire Company
    E001
    School District
    2
    Census Tract
    58

    Zoning

    Zoning District
    C5-2
    Commercial Overlay
    N/A
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $1,210,000
    MV Total
    $2,995,000
    AV Land
    $544,500
    AV Total
    $1,347,750

    Floor Area Ratio

    Built FAR
    4.03

    Residential
    Zoned FAR 10.0
    Max 28,170.0 sq. ft.
    Remaining 16,818.0 sq. ft.

    Commercial
    Zoned FAR 10.0
    Max 28,170.0 sq. ft.
    Remaining 16,818.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 28,170.0 sq. ft.
    Remaining 16,818.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Office Building; 10+ Stories - Side Street Type
    Land Use
    Industrial & Manufacturing Buildings
    Buildings
    1
    Year Built
    1915
    Alterations
    N/A
    Floors
    5.0
    Residential Units
    0
    Total Units
    1
    Floor Area
    11352
    Basement
    Full Basement Below Grade
    Proximity
    Attached

    Crime

    This property is located in the 13th Precinct of Manhattan.

    Property Crime

    Very high
    In 2015 the 13th Precinct saw 1756 felony property crimes (Burglary, Grand Larceny and Grand Larceny of Motor Vehicle) committed per 100,000 residents**. This is higher then the borough's property crime rate, which was 1219 over the same period.

    Violent Crime

    Low
    In 2015 the 13th Precinct saw 390 felony violent crimes (Murder, Rape, Robbery and Felony Assault) committed per 100,000 residents**. This is lower then the borough's violent crime rate, which was 444 over the same period.

    ** This does not take daytime population into account. Actual crime rates in areas where many people work (higher daytime population) may be lower. Conversely actual crime rates may be higher in areas where many people commute out for work (lower daytime population).

    Street View